Bitcoin, Binance Coin, Maker and Fantom Daily Price Analysis – September 21 Morning Price Prediction
The global crypto market has seen a change in value as it has turned bullish. The latest data for Bitcoin, Binance Coin and others shows that there has been an influx of capital. As the market continues to grow, there will be positive changes for investors. The market has had difficult times for a while and may continue. The ongoing changes in the market are mainly due to financial recession, geopolitical issues and related issues. If this situation persists, the market may suffer further.
Cryptogambling Live Streams To Be Banned From Twitch After $200,000 Scam A Twitch user has confessed to defrauding users of more than $200,000. Later, Twitch announced that they will be banning all cryptogambling live streams from 18 .October. The Amazon-based website said Wednesday it had been monitoring the situation for some time. Also, crypto gambling is banned in the US and other areas, so it can lead to legal problems.
Twitch posted a message on Twitter that they are making policy changes effective October 18th. Twitch specifically mentioned some sites that include Stake.com, Rollbit, Duelbits, Roobet, etc. The site also said it would allow sports betting, fantasy sports and poker. Twitch cryptogambling has caused huge losses to people who participate in it.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin and others.
BTC continues bullish
According to market experts, the Fed rate hike is about to destroy Bitcoin. The value of Bitcoin has continued to decline due to global political instability and the increase in the US inflation rate. If the Fed rate is increased further, it will lead to losses for the market.
The recent changes for Bitcoin suggest an improvement, but lasting gains are needed. The latest data shows that it has increased by 1.54%. In comparison, the weekly data shows that it has decreased by 5.31%.
The price value for BTC is currently in the area of $19,283.02. The market value of Bitcoin is estimated to be $369,126,764,822. The 24-hour trading volume for this coin is approximately $34,260,680,451.
BNB in profit
Binance had recently announced the promotion of its own stablecoin, but the move did not prove productive as expected. Recent changes in the market have given USDC significant gains as Binance’s stablecoin remained recessive.
The latest changes for Binance Coin show optimism. As the current changes have continued, they have produced gains of 0.84%. The weekly data shows that it has declined by 3.38%.
The price value for BNB is currently in the area of $270.57. The market value of this coin is estimated at $43,653,187,260. The 24-hour trading volume for this coin is approximately $784,471,986.
MKR bearish
The performance of Maker has shown a regressive trend despite the bullish changes in the market. The latest data shows that it has fallen 0.47% in the last day. The seven-day data shows that it has 11.82%. The price value for MKR is currently in the area of $619.54.
The market cap of Maker is estimated at $605,782,624. The 24 hour trading volume for this coin is approximately $28,020,617. The same amount in its original currency is approximately SEK 45,221 million.
FTM is turning bullish
The value of Fantom has also shown a positive trend. The latest data shows that it has increased by 0.44% in the last 24 hours. The weekly data shows that it has decreased by 9.07%. The price value for FTM is currently in the $0.2284 range.
The market value of Fantom is estimated at $581,271,764. The 24-hour trading volume for this coin is around $94,472,082. The circulating supply of this coin is estimated at $2,545,006,273 FTM. If the positivity in the market persists, there is a chance that it is likely to increase.
Final thoughts
The global crypto market has seen a major change in value. The value of Bitcoin, Binance Coin and others have improved in the last 24 hours. As the market improved recently, there has been an increase in the value of the global market cap. The latest data shows that it is estimated at 933.76 billion dollars.